The rise of SocialFi and friend.tech have opened a new landscape towards Web3 by breaking down the barriers of entry between decentralized finance and social networking, giving users a space to learn and use cryptocurrencies while getting into the free Internet. This new model increases adoption by mitigating the technological frictions that currently exist, eliminating complex terms and technicalities that have so far prevented people from getting deeper into Web3.
New Bitcoin City is the friend.tech of the Bitcoin network, called by its acronym NBC, where, like the one it is based on, it focuses on maximizing adoption by allowing users to monetize while offering exclusive content to fans or other users of the protocol. NBC is hosted on the Bitcoin blockchain (Lightning Network) using scalable smart contracts from this same network to offer services, and in this article I will show you how to create an account, and follow me to the end, it's too easy.
To begin with, we are going to open from our mobile device the official site. We'll see a panel like this after that:
We go to the three dots into our browser and add the tab to the home screen, and then click on Install app.
Once installed, it appears in the home of our mobile device, we open it, where we are shown a window asking us to log in with X.
NBC is anchored to Twitter (X) profiles, making an extension of our followers, profile picture and description to our NBC account. We press the button Sign in with X (or long press to open with Chrome, Safari or other browser we use), and then we authorize the app.
Once finished, we do not click continue, but close and open our shortcut created in the home of the mobile and depending on whether or not we want to enable notifications (I recommend not) we are shown the wallet for our account, we will copy it, then paste it in our key safe (or in our safest place), and once done we are asked to enter the last eight characters of the same.
So far we already have our account created and protected, and we will open the main view of the app with several elements that I will explain, at first glance it may seem many things, but it's too simple, look: Circles refers to the people who follow us in a cohesive way (holders). People who already follow us is because they have bought our "keys" and access our private content and DMs, plus, if we come from friend.tech, by default our holders from there also follow us here.
If we touch the button located in the upper right corner with the Bitcoin symbol it will take us to our profile, where we can see the number of holders we have, our amount (in BTC) and other options. Portfolio value means that the more our "keys" are collected, the more value they will have, and Creator earnings is the % we earn if our holders sell them later. If you want to have money in your wallet you can deposit by clicking on Deposit and following the instructions shown.
Activities is the "Home" of the app, where you will see everything that users publish globally, being able to like, comment, repost and react to publications; if you want to publish something just hit the "+" button and write whatever you want, it is published in the blink of an eye.
Here I show you my profile, and I emphasize this part so you can understand: The amount in BTC shown wasn't through deposits, but by access keys where four users after seeing my post (which you can also see) bought exclusive access to see my content (this was my first post, a GIF of a Gm) and I had already earned $1.63 in BTC. The keys we know as NFTs, which are the same here, but with a change of name, where to access and view content from other users is necessary to "open" their profile with the keys.
The keys have the characteristic of having an iterative incremental value, that you can sell or buy depending on the content or user, that is, you can trade with them. An example of this is the profile of this user to which I want to access to its content, but to see it complete I need to access with the keys and buy them, likewise it appears in our profile but for the others users.
You can also see the value of the keys of other users and compare it with yours. Another important thing is that if we invite other people and they join with our link we earn 100% of their trading fees. This option is only valid for a limited period of time.
Don't you want to have your money inside the app? To withdraw it go to your profile and tap the three little dots, press Withdraw and when the panel opens select BTC, the amount and enter your wallet address, tap the button and that's it, check your LN wallet.
The Placeholders and Airdrop options will be explained in a future tutorial so follow me so you don't miss it. That was all for today friends, I hope you found this post useful and by the way I comment that it is made for educational purposes only, not to move masses to the Bitcoin network, meanwhile, I invite you to read my article on generating music with artificial intelligence, and see you soon!
IMAGE SOURCE
All images are screenshots to New Bitcoin City using my smartphone
